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Feb 14, 2025

Feb 14, 2025

The new Makers Top 100: Highlighting the Best of Dutch Manufacturing

The new Makers Top 100: Highlighting the Best of Dutch Manufacturing

Gain.pro supports ABN AMRO as data partner for The Makers Top 100 

The Makers Top 100 is an annual ranking compiled by ABN AMRO, Govers Accountants/Advisors, and Link Magazine, using data from Gain.pro’s private market intelligence platform. The list aims to provide greater visibility into the Dutch manufacturing industry, a sector that generates €102 billion in annual revenue and supports over 300,000 jobs.

While ASML is often recognised as the flagship of Dutch industry, the sector is far broader and more diverse than many realise—spanning everything from plastic bags to luxury yachts and from strollers to welding robots.

Shining a Light on the Dutch Manufacturing Industry

According to David Kemps, Industry Sector Banker at ABN AMRO, the Dutch manufacturing sector does not receive the recognition it deserves:

“Of course, companies like ASML and Philips are well-known, but much of the sector operates on anonymous industrial estates in windowless buildings. However, these sites produce high-tech, innovative products that are in demand worldwide. The industry provides high-value jobs and drives economic growth, making it crucial to the Dutch knowledge economy.”

At Gain.pro, we are proud to support ABN AMRO in bringing this list to life and helping drive deeper insights into the private manufacturing sector in the Netherlands.

“ABN AMRO has been a valued client of Gain.pro for a long time, and we were truly thrilled to partner with them on the Makers Top 100. Seeing our private market data used beyond our core use cases has been really exciting. We look forward to continuing to support this initiative and helping bring greater visibility to the Dutch manufacturing industry for years to come.” Frister Haveman, Co-Founder & Co-CEO at Gain.pro.

Key Insights from the 2025 Makers Top 100

  • ASML leads the ranking, generating €27.6 billion in revenue with a 35.7% EBITDA margin. Other top-ranked companies include NXP, ASM, Aalberts, and Terberg Group.

  • Smaller companies that ranked highly due to exceptional profitability include IGS GeboJagema (25.4% EBITDA margin) and PWT Group (35.1%).

  • The list reveals many hidden champions that are highly successful but less well-known to the general public.

Ranking methodology 

The Makers Top 100 is based on two weighted financial criteria:

  • Net revenue (40%) – Measures the overall size of the company.

  • Average EBITDA margin (60%) – Assesses profitability over a three-year period (2021–2023) to balance out fluctuations.

“We ultimately chose to prioritize revenue and profitability, with net revenue weighted at 40% and EBITDA margin at 60%. That gave us a balanced and dynamic ranking.” David Kemps explains.

This ranking will be updated annually, tracking the growth and evolution of the industry over time.

To view the complete Makers Top 100 and learn more about the selection criteria, industry definitions, and ranking methodology, visit: www.demakerstop100.nl

Author:

Nicola Ebmeyer

Co-Founder & Co-CEO, Gain.pro

Nicola Ebmeyer co-founded Gain.pro in 2018. As co-CEO, she leads a global workforce of 250 employees in developing a world-class private market intelligence platform. Nicola finds inspiration by focusing on building a product that she would have loved to use herself when she was still sitting at the other side of the table. Prior to Gain.pro, Nicola spent her career in consulting with McKinsey. She holds a master's degree in Strategy and International Management from the University of St. Gallen in Switzerland.

Author:

Nicola Ebmeyer

Co-Founder & Co-CEO, Gain.pro

Nicola Ebmeyer co-founded Gain.pro in 2018. As co-CEO, she leads a global workforce of 250 employees in developing a world-class private market intelligence platform. Nicola finds inspiration by focusing on building a product that she would have loved to use herself when she was still sitting at the other side of the table. Prior to Gain.pro, Nicola spent her career in consulting with McKinsey. She holds a master's degree in Strategy and International Management from the University of St. Gallen in Switzerland.

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